Cell C has begun a consultation process under the Labour Relations Act that is likely to result in 960 employees – or almost 40% of the company’s workforce – being retrenched.
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The largest wireless carriers operating in Africa are starting to form partnerships ahead of making offers for new licences to be awarded by Ethiopia.
Two unions on Friday rejected job cuts proposed to rescue South African Airways, which has cost the government more than R17-billion to stave off bankruptcy and will cost it about half that again to reform.
South Africa must cut spending to avoid a sovereign debt crisis within the next four years, finance minister Tito Mboweni has warned.
Liquid Telecom South Africa chief operating officer Craig van Rooyen will serve as interim CEO of the company until a replacement for Reshaad Sha has been appointed, the company said on Friday.
President Cyril Ramaphosa said a new continental online platform will help African countries to access critical medical supplies needed to fight the Covid-19 pandemic.
The SABC said on Thursday that it has issued a “notice of possible redundancies” following consultations with key stakeholders.
Reshaad Sha is leaving Liquid Telecom Group, where he has served as CEO of the South African subsidiary since 2018, to start his own venture in the field of artificial intelligence.
Amazon.com will hire 3 000 people in customer service in South Africa this year, the e-retailing and cloud computing giant said on Thursday.
The government told asset managers and banks it needs R1.5-trillion of infrastructure investment over the next decade, the country’s biggest specialist fixed-income fund said.